oAre Global Systematic Risk
and Country-Specific Idiosyncratic Risk Priced in the Integrated World Markets?
International Review of Economics and Finance, 33, 2014,
pp.28-38.Working paper version.
oComparing Value and
Growth Mutual Performance: Bias from the Fama-French
HML Factor, with Glenn Pettengill and George Chang.
Academy of Economics and Finance Journal, 4, 2013, pp. 75-86.Working paper version.
oRisk-Return Predictions with the Fama-French Three-Factor Model Betas, with Glenn Pettengill and George Chang.
International Journal of Economics and Finance, 5(1), 2013, pp. 34-47.Working paper version.
oCountry-Specific Idiosyncratic Risk and
Global Equity Index Returns, with Ruey Yau.
International Review of Economics and Finance, 25, 2013,
oCentral Bank Behavior and Statutory
Atlantic Economic Journal, 40 (2), 2012, pp. 111-126.Winner of the 2012 AEJ
Best Article Award.Working
oStatutory Central Bank Independence in Taiwan.
Asian Social Science, 6 (11), 2010, pp. 17-27.Working
oTraditional View or Revisionist View?The Effects of Monetary Policy on Exchange Rates
in Asia, with Peng Huang and Ruey Yau.
Applied Financial Economics, 20 (9), 2010, pp. 753-760.Working
Factor and Stock Returns: A Time-Varying Factor-Loadings Model
, with Peng Huang.
Applied Financial Economics, 19 (22), 2009, pp. 1813-1824.Working
oA Dual-Target Monetary
Policy Rule for Open Economies: An Application to France, with Ruey Yau.
Applied Economics Letters, 15 (12), 2008, pp. 945-948.Working
Risk-Return Relationship in a Time-Varying Beta Model, with Peng Huang. Quantitative Finance, 8 (4), June 2008, pp. 381-390.Working
oOutput Convergence Revisited: New Time Series
Results on Industrialized Countries, with Ruey Yau. Applied Economics Letters,14 (1),
January 2007, pp. 75-77.Working paper version.
oInvestor Preferences and Portfolio Selection:
Is Diversification an Appropriate Strategy?with Ruey Yau. Quantitative Finance, 6 (3), June 2006, pp. 255-271.Working
oShort-Sales Constraints and Stock Return Asymmetry: Evidence from the
Chinese Stock Markets. Applied Financial Economics, 16 (10), June
2006, pp. 707-716. Working
oUsing an Aggregate Demand-Aggregate Supply Model to Identify Structural
Demand-Side and Supply-Side Shocks: Results Using a Bivariate VAR, with James Cover and Walter Enders. Journal of Money, Credit, and Banking, 38 (3), April 2006, pp.
oForecasting Asymmetries in Aggregate Stock Market
Returns: Evidence from Conditional Skewness, with James
McDonald. Journal of Empirical Finance, 12 (5), December 2005, pp. 666-685.Working
oOverreaction Effects Independent of Risk and Characteristics: Evidence
from the Japanese Stock Market , with Chaoshin Chiao. Japan and the World Economy, 17 (4), December 2005, pp. 431-455. Working
oThe Correlation Between Shocks to Output and the
Price Level: Evidence from a Multivariate GARCH Model, with James Cover. Southern Economic Journal, July 2003, pp.75-92.Working
oAre Policy Rules Better than the Discretionary System in Taiwan?with James Cover and Ruey Yau. Contemporary Economic Policy 20 (1), January 2002, pp. 60-71.Working
oDo Bubbles or Time-Varying Risk Premiums Affect Stock Prices? A Kalman Filter Approach, with Lii-Tarn Chen and Chien-Fu Jeff
Lin. Global Business and Economics Review 2 (2), December 2000, pp.
oSources of Persistence in Cross-Country Income Disparities: A Structural
Analysis, with Ruey Yau. Journal of Macroeconomics, 22 (4), Fall 2000,
oThe Impact of Foreign Variables on Domestic Money Demand: Evidence from
the United Kingdom. Journal of Economics and Finance, 24 (2), Summer 2000, pp. 97-109.Working
oMoney Demand in an Open-Economy Shopping-Time Model: An
Out-of-Sample-Prediction Application to Canada. Journal of Economics and Business 51 (6), November/December 1999, pp.
oThe Demand for Money in an Open Economy: Some Evidence for Canada. North American Journal of Economics and Finance 9 (1), Spring 1998, pp.15-31.Working paper version.